Amid Higher Interest Rates, Upside Seen For Utilities ETFs
June 01, 2017 at 13:05 PM EDT
Even with concerns about higher interest rates, the rate-sensitive utilities sector has been solid this year. For example, the Utilities Select Sector SPDR (NYSEArca: XLU), the largest utilities sector exchange traded fund, is up 10.3% year-to-date. Some market observers believe the sector, prized...